Praise for the thirteenth edition:
"Modern Labor Economics incorporates current policy issues while maintaining a strong focus on economic theory. The summaries of seminal academic works are indisputably important for bolstering student knowledge, and the inclusion of real-world applications makes the research far more comprehensible to a broader audience."
Tongzhe Li,University of Delaware, USA
"A classic in the field of labor economics. Indeed, as the title implies, Ehrenberg and Smith literally put the modern in labor economics as taught to undergraduates. Since first published in 1982, many competing textbooks in labor have come and gone. Ehrenberg and Smith, with impeccable writing, comprehensive coverage of the relevant topics, and intuitive application of economic analysis to the critical public policy problems of the day, has stood both the market test and the test of time."
Kevin J. Murphy,Oakland University, Rochester Michigan, USA
1. Introduction
2. Overview of the Labor Market
3. The Demand for Labor
4. Labor Demand Elasticities
5. Frictions in the Labor Market
6. Supply of Labor to the Economy: The Decision to Work
7. Labor Supply: Household Production, the Family, and the Life Cycle
8. Compensating Wage Differentials and Labor Markets
9. Investments in Human Capital: Education and Training
10. Worker Mobility: Migration, Immigration, and Turnover
11. Pay and Productivity: Wage Determination within the Firm
12. Gender, Race, and Ethnicity in the Labor Market
13. Unions and the Labor Market
14. Unemployment
15. Inequality in Earnings
16. The Labor-Market Effects of International Trade and Production Sharing
1. Introduction
2. Overview of the Labor Market
3. The Demand for Labor
4. Labor Demand Elasticities
5. Frictions in the Labor Market
6. Supply of Labor to the Economy: The Decision to Work
7. Labor Supply: Household Production, the Family, and the Life Cycle
8. Compensating Wage Differentials and Labor Markets
9. Investments in Human Capital: Education and Training
10. Worker Mobility: Migration, Immigration, and Turnover
11. Pay and Productivity: Wage Determination within the Firm
12. Gender, Race, and Ethnicity in the Labor Market
13. Unions and the Labor Market
14. Unemployment
15. Inequality in Earnings
16. The Labor-Market Effects of International Trade and Production Sharing
Robert Smith is a Professor of Economics at Cornell University. He has been honored for his teaching by receiving Cornell’s highest university-wide award: the Stephen H. Weiss Presidential Fellowship "for effective, inspiring and distinguished teaching of undergraduate students and for outstanding contributions to undergraduate education."
Ronald G. Ehrenberg is the Irving M. Ives Professor of Industrial and Labor Relations and Economics at Cornell University, USA.
Kevin F. Hallock is Dean of the Cornell SC Johnson College of Business, Joseph R. Rich ’80 Professor of Economics and Human Resource Studies, and Director of the Institute for Compensation Studies at Cornell University. He earned a Ph.D. in Economics from Princeton University.